Clean Harbors Closes $400 Mln Acquisition Of HEPACO

RTTNews | vor 587 Tagen
Clean Harbors Closes $400 Mln Acquisition Of HEPACO

(RTTNews) - Clean Harbors, Inc. (CLH) announced Monday the completion of its acquisition of HEPACO from Gryphon Investors for $400 million in cash. The acquisition was financed through proceeds from a recently completed $500 million expansion of the Company's Term Loan facility. Clean Harbors expects the acquisition to generate cost synergies of approximately $20 million after the first full year of operations, which equates to a post-synergy acquisition multiple of 7.1 times.

Based on the completion date of the transaction, Clean Harbors currently expects that HEPACO will add approximately $30 million of Adjusted EBITDA in 2024. Clean Harbors' management plans to update its 2024 guidance when it reports its first-quarter results on May 1.

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Clean Harbors Provides Q1, FY24 Adj. EBITDA Outlook

Clean Harbors Provides Q1, FY24 Adj. EBITDA Outlook

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RTTNews | vor 620 Tagen
European Shares Set For Mixed Open

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RTTNews | vor 2Std 9 Minuten
Sensex, Nifty Struggle For Direction In Early Trade

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RTTNews | vor 3Std 10 Minuten
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RTTNews | vor 4Std 21 Minuten
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

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RTTNews | vor 4Std 28 Minuten
Sensex, Nifty Likely To Open On Cautious Note

Sensex, Nifty Likely To Open On Cautious Note

Indian shares look set to open on a subdued note Monday after having snapped their four-week winning streak last week due to profit taking after recent gains to record highs.
RTTNews | vor 5Std 10 Minuten
Thai Shares Tipped To Open To The Upside

Thai Shares Tipped To Open To The Upside

The Thai stock market has moved lower in consecutive trading days, slumping more than 6 points or 0.5 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,310-point plateau although it's expected to open in the green on Monday.
RTTNews | vor 5Std 47 Minuten